About Proxsys
Proxsys is a Healthcare company based in Birmingham (United States) founded in 2004, and was acquired by athenahealth in July 2011. Web-based pre-admission solutions are provided for healthcare facilities. Proxsys has raised $1.5 million across 1 funding round from investors including athenahealth and Clayton Associates. The company has 121 employees. Its focus areas include HealthTech, Healthcare IT, Provider and Hospital Information Systems. Its legal entity is PROXSYS, LLC. Its competitors include HealthAsyst, PatientLink and Simple Admit; 1 of its 3 listed competitors has raised funding.
Company details
Proxsys was founded in 2004 in Birmingham, United States, within the healthcare technology sector. Web-based software is utilized to gather patient details and arrange inpatient and outpatient procedures. Patient information is shared with care points, insurance providers, and individuals involved. Secure digital archiving for records is maintained, with all data transfers ensured to meet HIPAA standards. Operations focus on streamlining admissions for medical organizations.
- Headquarters Birmingham, United States
- Employees 121
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Website proxsyscorp.com
- Social LinkedIn X
- Acquired by athenahealth (Jul 2011)
- Legal Name Proxsys, Llc
- Total Equity Funding$1.5M (USD)
in 1 rounds
- Latest Funding Round$1.5M (USD), Series A
Apr 2008
- Investorsathenahealth
& 1 more
- Employee Count121
- Acquired byathenahealth
(Jul 2011)
Funding Insights of Proxsys
Proxsys has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $1.5 million completed in April 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.5M
- Total Rounds 1
- Last Round Series A — $1.5M
- First Round $1.5M
(Apr 2008)
- Investors Count 1
All 1 funding rounds of Proxsys with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2008 | $1.5M | Series A | – | – |
2 investors in total: 2 institutional.
Investors in Proxsys
Proxsys has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include athenahealth and Clayton Associates.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC investments are handled by the McWhorter family office. | claytonassociates.com | Nashville, United States | ||
Cloud-based administrative tools for healthcare providers are offered. | 1997 | athenahealth.com | Watertown, United States |
Investor details for Proxsys
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Proxsys
3 dated milestones of Proxsys across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Proxsys is founded.
- Funding First funding round of $1.5M.
- Exit Acquired by athenahealth.
Competitors of Proxsys
Proxsys has 3 listed competitors in our database, 1 of them funded. They include HealthAsyst, PatientLink and Simple Admit.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| healthasyst.com | 2013 | Norcross, United States | 382 | Provides digital tools for patient intake, payments, and healthcare workflows. | ||
| mypatientlink.com | 1999 | Oklahoma, United States | 14 | Allow the patient to pre-fill certain information which will become part of the EMR as discrete structured data. | ||
| simpleadmit.com | 2009 | Baldwinsville, United States | $735,000 | Web-based preadmission screening platform is offered for healthcare providers. |
Detailed competitors of Proxsys
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Proxsys (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Frequently Asked Questions about Proxsys
Proxsys was founded in 2004 and raised its 1st funding round 4 years after it was founded.
Proxsys is headquartered in Birmingham, United States. It is registered at Birmingham, Alabama, United States.
Proxsys is a funded company, having raised a total of $1.5M across 1 funding round to date. The company's 1st funding round was a Series A of $1.5M, raised on Apr 2008.
Proxsys has 121 employees.
Proxsys was founded in 2004 in Birmingham, United States, within the healthcare technology sector. Web-based software is utilized to gather patient details and arrange inpatient and outpatient procedures. Patient information is shared with care points, insurance providers, and individuals involved. Secure digital archiving for records is maintained, with all data transfers ensured to meet HIPAA standards. Operations focus on streamlining admissions for medical organizations.
Proxsys's top competitors include Simple Admit, PatientLink and HealthAsyst.
Proxsys has 2 investors. Key investors include athenahealth, and Clayton Associates.
Proxsys operates through Proxsys, Llc.
Yes. Proxsys was acquired by athenahealth in July 2011.